GST 26th GST Council meeting updates

GST 26th GST Council meeting updates

26th GST Council meeting updates :

  1. Intra-state e-way bill to be rolled out from April 15 in a staggered manner. Entire country to be covered by 1st June. States to be divided into 4 lots to execute the staggered rollout.
  2. Council plans  for returns simplification.
  3. Existing system of filing returns 3B has been extended for another 3 months and meanwhile Group of Ministers on the Income Tax will look into it & consult tax experts among others.
  4. No new items under GST.
  5. Relief for exporters, tax exemption extended by 6 months.
  6. Implementation of reverse charge mechanism has also been extended by three months.